Based on the income statements created in Questions 1, create aforecasted income statement on the...
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Based on the income statements created in Questions create aforecasted income statement on the worksheet QProforma IS for Assume that: Each income statement item remains in the same proportion as in The forecasted sales for are $ Fixed expenses and interest expense will not change for Changes in depreciation expenses are proportional to changes insales for The tax rate and the number of shares outstanding for arethe same as those in
Based on the income statements created in Questions create aforecasted income statement on the worksheet QProforma IS for Assume that: Each income statement item remains in the same proportion as in The forecasted sales for are $ Fixed expenses and interest expense will not change for Changes in depreciation expenses are proportional to changes insales for The tax rate and the number of shares outstanding for arethe same as those in
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